Mizutani, Fumitoshi; Uranishi, Shuji - In: Journal of Regulatory Economics 43 (2013) 1, pp. 31-59
The main purpose of this study is to analyze structural separation policies, especially vertical (i.e. operation-infrastructure) and horizontal (i.e. passenger-freight service) separation. Using the total cost function of a railway organization, we evaluate whether or not vertical separation...